GORENJE, d.d., Velenje

Information of the Gorenje, d.d., Supervisory Board Meeting

On its 25th meeting held on Dec. 16, 2005 the Supervisory Board of Gorenje, d.d., approved the Strategic Plan of Gorenje Group for the period 2006 to 2010 and the Business Plan for the year 2006, which is going to be announced by the Management Board by separate release.

The Supervisory Board accepted the motion by the Management Board of Gorenje, d.d., Mr. Žiga Debeljak to resign from office as of Dec. 31, 2005 due to his appointment for the President & CEO of the company Poslovni sistem Mercator d.d. (Mercator Corporation), so he was released from his duties as Member of the Management Board. The Supervisory Board consequently authorized the President of Gorenje, d.d., Mr. Franjo Bobinac to propose new candidate for said function in accordance with the mandate delegated to him by the Supervisory Board in the year 2003.

This announcement will be also available on the www.gorenje.com web-site.

Date: 19. 12. 2005